MyMarketPulse (mymarketpulse.com) has unveiled its analysis for November 2024, focusing on the property market trends in Salem, Virginia.

The Median Sale Price for properties in Salem was documented at $323,475 for November 2024. This price point is an upward move of 2.1% from the previous month and shows a 30.4% drop from the year before.

A total of 22 homes were sold in the region, indicating an increase of 22.2% from last month and a rise of 69.2% when compared with a year ago.

The Median Days on Market for homes in Salem stood at 27 days, which is an increase of 11 day days over the previous month and up by 8 days day from the previous year.

Currently, with a Market Pulse Score of 103, Salem’s real estate market appears to be experiencing an upturn.

For more information about the Salem, Virginia market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

MyMarketPulse – What the Pros Know

In its November 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Salem, Virginia.

The Median Sale Price for properties in Salem was documented at $323,475 for November 2024. This price point is an upward move of 2.1% from the previous month and shows a 30.4% drop from the year before.

22 homes were sold, an increase 22.2% from the previous month and an increase of 69.2% from the prior year.

The Median Days on Market was 27 days, up 11 day from the previous month and up 8 days from the prior year.

Currently, with a Market Pulse Score of 103, Salem’s real estate market appears to be experiencing an upturn.

For more information about the Salem, Virginia market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

MyMarketPulse – What the Pros Know

In its November 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Salem, Virginia.

For November 2024, the data showcases a Median Sale Price of $323,475 in Salem, a rise of 2.1% from the last month and a decrease 30.4% from the same period the previous year.

The area witnessed the sale of 22 homes during this period, which is a 22.2% increase from the preceding month and an increase of 69.2% compared to the same timeframe last year.

Furthermore, homes in Salem were on the market for an average of 27 days before selling, reflecting an increase of 11 day days month-over-month and an increase of 8 days day year-over-year.

The Market Pulse Score for Salem is presently at 103, signaling an upward trajectory in the market’s activity.

For more information about the Salem, Virginia market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

MyMarketPulse – What the Pros Know